A Preview Of Frank's International's Earnings

On Tuesday, November 03, Frank's International FI will release its latest earnings report. Decipher the announcement with Benzinga's help.

Net Income, Earnings, And Earnings Per Share

Earnings and EPS are useful metrics of profitability. Total earnings also known as net income is equal to total revenue minus total expenses. Dividing net income by the total number of shares outstanding yields EPS.

Earnings And Revenue

Wall Street expects an EPS loss of $0.08 and sales around $89.52 million. In the same quarter last year, Frank's International posted EPS of $0.11 on sales of $140.42 million.

Why Analyst Estimates And Earnings Surprises Are Important

Analysts who cover this company will publish forward-looking estimates of its revenue and EPS each quarter. Averaging together every EPS and revenue prediction that each analyst makes about a company in a quarter yields the "consensus estimates." A company posting earnings or revenue above or below the consensus estimate is known as an "earnings surprise" and may move the stock by a considerable margin.

The Wall Street estimate would represent a 27.27% increase in the company's earnings. Revenue would be down 36.25% on a year-over-year basis. Here is how the Frank's International's reported EPS has stacked up against analyst estimates in the past:

Quarter Q2 2020 Q1 2020 Q4 2020 Q3 2019
EPS Estimate -0.09 -0.04 -0.04 -0.05
EPS Actual -0.13 -0.04 -0.06 -0.11
Revenue Estimate 97.40 M 134.46 M 143.93 M 157.02 M
Revenue Actual 86.10 M 123.49 M 139.44 M 140.42 M

Stock Performance

Shares of Frank's International were trading at $1.765 as of October 29. Over the last 52-week period, shares are down 67.98%. Given that these returns are generally negative, long-term shareholders are likely unhappy going into this earnings release.

Do not be surprised to see the stock move on comments made during its conference call. Frank's International is scheduled to hold the call at 11:00:00 ET and can be accessed here.

Posted In: Earnings

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